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According to Bloomberg, private credit firm Eagle Point Credit Management LLC is providing a loan of approximately $1.3 billion for a large AI data center in Texas, USA, associated with Anthropic, marking another mega-deal in the boom of AI infrastructure financing.
Odaily News According to sources familiar with the matter, Nvidia will provide approximately $100 billion in credit financing support for a hyperscale AI data center campus leased by OpenAI. The data center project, located in Ohio, USA, is one of the largest planned AI infrastructure projects globally. The financing support from Nvidia will help OpenAI complete the first phase of the project, which is expected to last about two years and cover roughly half of the entire project's construction scale.Sources indicate that this financial support may not only be used for data center construction financing but could also partially go toward purchasing Nvidia AI chips. (The Information)
Odaily News – Bitcoin miner MARA Holdings disclosed in its latest quarterly SEC filing that it has pledged 18,750 BTC as collateral for two Bitcoin-backed loans, totaling $750 million in principal.Among these, financing provided by Coinbase Credit includes a refinancing of the original $150 million credit facility plus an additional $300 million in new funds; Two Prime Lending separately provided a $300 million loan. Both loans have been fully drawn, with a combined financing cost of approximately 7.56%, primarily maturing in August 2028.The pledged 18,750 BTC were valued at approximately $1.2 billion at the time of the transaction. If a decline in Bitcoin's price pushes the collateral ratio below the agreed level, MARA could face margin call requirements; otherwise, the related BTC may be subject to liquidation risk.The new funds will mainly be used for general corporate purposes and to support MARA's acquisition of Long Ridge Energy & Power. The transaction has an enterprise value of approximately $1.5 billion. Long Ridge owns a natural gas power plant in Ohio, USA, with an expected installed capacity of 505 MW, along with over 1,600 acres of industrial land. MARA plans to further develop the site into a base for Bitcoin mining, AI, and high-performance computing infrastructure. (Crowdfund Insider)
Odaily NASDAQ-listed bitcoin treasury company Empery Digital has announced the completion of a $20 million strategic investment in preferred shares of AI data center developer Cardinal Data Power (CDP), acquiring approximately 8% equity in CDP upon transaction closing. This investment is a key component of CDP’s $70 million Series A funding round, with all proceeds allocated to the development of its first AI data center campus in West Texas, USA. (Businesswire)
Elon Musk has completed the acquisition of APR Energy, a mobile power generation company, with the overall transaction valued at least $1 billion. Documents show that Duos Technologies sold its 5% non-voting stake in New APR Energy, realizing a net gain of $50.4 million, which implies an enterprise value exceeding $1 billion. Headquartered in Florida, USA, APR Energy specializes in modular gas and diesel mobile generator sets, with a total installed capacity exceeding 1 GW. Individual projects can be deployed in as fast as 15 to 30 days, providing temporary and backup power for data centers.Industry analysts suggest that this acquisition aims to support the expansion of xAI's computing cluster and reduce reliance on the public grid. However, the fossil fuel-based power generation model will also bring trade-offs in terms of carbon emissions, compliance, and long-term operational costs. (Techrepublic)
Pact Labs has announced the completion of a $7 million Series A funding round, led by Tether, with participation from Blockchange Ventures and Lasagna. The project's primary business is to provide core infrastructure for USA₮ in scenarios such as payroll, earned wage access, credit, and everyday payments. (Tether News).
Odaily News: At the SALT conference held in Jackson Hole, Wyoming, USA, Binance founder CZ stated that Bitcoin's "supercycle" has yet to materialize. The market continues to follow a relatively strict four-year cycle pattern and is currently in a bear market phase. As total market capitalization expands, price volatility is expected to narrow. However, CZ noted that the current industry environment is the most favorable in his 12 years of experience, with the U.S. regulatory framework serving as a model globally. Securities laws and exchange regulatory structures in many countries are referencing the U.S. approach. Hong Kong is also accelerating its legislative efforts to align with U.S. regulatory thinking.Regarding the allocation of investment firm YZi Labs, CZ disclosed that approximately 70% of funds are directed toward core tracks in crypto and blockchain, about 20% toward AI, and the remainder toward biotech and other sectors. The firm uses its own capital and is not constrained by external LP return cycles, placing greater emphasis on the positive impact of projects and the execution capabilities of founding teams rather than purely financial returns.
According to Cointelegraph, former U.S. Secretary of Defense Mark Esper wrote in the Financial Times, calling on the Senate to pass the CLARITY Act as soon as possible and emphasizing that the bill is not only a financial services bill but also a national security bill. Esper pointed out that China is heavily investing in state-led payment systems to bypass U.S. regulation and undermine the dominance of the U.S. dollar, while weak digital asset regulatory rules also provide loopholes for North Korean hacking organizations such as the Lazarus Group to evade U.S. financial controls. He stated that the CLARITY Act will expand the Treasury Department's special measures authority under Section 311 of the USA PATRIOT Act and is a powerful weapon to combat malicious actors.
Odaily News: Cryptocurrency market maker Wintermute announced that its U.S. subsidiary, Wintermute USA, has completed its broker-dealer registration with the U.S. Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA). With the registration complete, the company can provide liquidity to U.S. stock exchanges and over-the-counter (OTC) trading counterparties, and trade equities and options using its proprietary accounts. In addition, Wintermute can now self-clear digital asset securities transactions and act as an Authorized Participant (AP) for exchange-traded products (ETPs), including ETF products related to digital assets. (The Block)
According to BeInCrypto, the official verified X account of U.S. Senator Cynthia Lummis was hacked on July 29. The account briefly posted a fake Solana Meme coin promotion post named $USA Token, featuring a pump.fun minting link. The post was deleted within approximately five minutes, accumulating around 5,600 views and 37 replies during that period. Crypto community users quickly issued warnings, and there are currently no records of financial losses. Lummis's office had not released any statement as of press time. The timing of this incident is sensitive, coinciding with the stalemate of the "Digital Asset Market Transparency Act" (CLARITY Act) championed by Lummis in Congress.
Hawkins County Commissioners in Tennessee, USA, have passed a ban with a vote of 12 in favor and 0 against, prohibiting the establishment, construction, installation, expansion, and operation of crypto mining facilities and data centers in the county's unincorporated areas. The commission had previously passed a similar ban in September 2025 to prevent digital asset company ExoticRidge from conducting mining operations locally, and confirmed its relevant authority through a resolution in January. ExoticRidge and Hawkins County officials proposed a settlement in January that would allow the company to build and operate facilities under noise restrictions. The proposed terms require that A-weighted decibel noise at the property boundary must not exceed 80 decibels for more than 30 minutes within any 4-hour period. A law signed in Tennessee in April has already stipulated that, effective July 1, the use and installation of cryptocurrency ATMs and kiosks will be illegal, with the restrictions targeting incidents where residents use the devices to transfer funds to scammers.
Aave founder Stani Kulechov posted on platform X, stating that now more than ever, the industry needs to build consensus and do everything possible to ensure the smooth passage of the U.S. CLARITY Act.Stani stated that although the CLARITY Act is not perfect and many details still need to be formulated by regulatory agencies in the future, the bill will become the first regulatory legislation involving decentralized finance (DeFi). It will provide a clear legal framework and regulatory certainty for institutions, fintech companies, and banks to participate in on-chain finance. Once the CLARITY Act is officially passed, its driving effect on the on-chain finance ecosystem is expected to be similar to the development opportunities the GENIUS Act previously brought to the stablecoin industry, attracting more investment and institutional capital into the on-chain space.Stani added that over the past year, and especially in recent weeks and days, the Aave team has been in close communication with relevant policymakers in Washington, D.C., USA. He stated that they have now entered the "last mile" of pushing for the bill's enactment, a phase that is critically important.
Citrini analyst Jukan stated on X platform that in the future, "Made in USA" semiconductor products may gain market premiums due to supply chain stability advantages. Korean memory chip companies need to respond to this trend by building wafer fabs in the US. Currently, US-made optical module products have already begun to reflect premiums. For example, optical communications company AAOI has stated that optical modules produced in the US can command higher prices. Meanwhile, US hyperscalers are also willing to pay additional premiums for US-made Micron DRAM.Jukan believes that the price advantage of US-made chips does not come solely from the products themselves, but reflects the value of supply chain stability and supply assurance. Against the backdrop of ongoing adjustments in the global semiconductor supply chain, companies and customers are increasingly valuing localized production capacity to reduce geopolitical and supply disruption risks.Regarding Korean memory manufacturers, Korean companies need to actively advance the construction of US-based production capacity, a trend that has already begun to emerge. For example, SK Group Chairman Chey Tae-won has previously discussed plans to build a memory chip front-end wafer fab in the US on multiple occasions.As AI infrastructure construction drives growth in memory demand, and regionalization trends in the global supply chain continue, US-made semiconductors may form a new pricing system. Chip companies with US-based production capacity will gain additional advantages in future market competition.
According to The Straits Times, Taiwan Foxconn (Hon Hai Precision Industry) announced its Q2 financial report on August 12, with net profit increasing 35% year-on-year to NT$59.97 billion (approximately SGD 2.38 billion), exceeding analysts' expectations of NT$58.8 billion. Specifically, revenue from cloud and networking products (including AI servers) accounted for 51%, breaking through 50% for the first time, while smart consumer electronics (including iPhone) accounted for 29%. Rotating CEO Shang-Yi Chiang stated that AI-related business will continue to grow in Q3, and coupled with the peak season effect of ICT products, significant quarter-on-quarter growth is expected. Nvidia's new generation Vera Rubin AI server racks will enter preparation for mass production in Q3 and start shipping from Q4, expected to become Foxconn's core product next year. In addition, Foxconn expects capital expenditure in 2026 to increase 30% year-on-year, and will continue to expand AI server and electric vehicle manufacturing capacity in India, Mexico, and Texas, USA. The company's stock price has risen 17% year-to-date, closing up 2.7% for the day.
the U.S. Department of Justice stated in a press release that a 47-year-old resident of Newcastle, Washington, Geoffrey K. Auyeung, has been sentenced to 5 years in prison for conspiracy to commit money laundering.Geoffrey K. Auyeung assisted overseas scammers in transferring nearly $100 million in investment fraud proceeds through bank accounts and cryptocurrency exchanges. The scammers deceived victims into investing in the oil and gas industry, luring them to transfer funds into so-called escrow accounts. To facilitate this, Geoffrey K. Auyeung established at least nine entities to receive funds, which were then transferred overseas or exchanged for cryptocurrencies such as Bitcoin, Ethereum, USDT, and USDC via exchanges like Gemini, Coinbase, and BitStamp. Most of these cryptocurrencies were subsequently sent to Binance accounts controlled by individuals in Nigeria and Russia.Geoffrey K. Auyeung opened at least 81 bank accounts across 24 financial institutions and 19 accounts across 8 cryptocurrency exchanges, receiving a total of $97.1 million in wire transfers and deposits. Through his involvement in the scheme, he earned at least $4 million in commissions and received an additional $400,000 in commissions through accounts under his wife's name between August 2024 and December 2025. Auyeung pleaded guilty in February of this year. He will forfeit approximately $2.3 million seized from bank accounts and his home, an Audi SQ8, and has agreed to forfeit approximately $7.1 million worth of cryptocurrency. (The Block)
According to Cointelegraph, former U.S. Secretary of Defense Mark Esper wrote in the Financial Times, calling on the Senate to pass the CLARITY Act as soon as possible and emphasizing that the bill is not only a financial services bill but also a national security bill. Esper pointed out that China is heavily investing in state-led payment systems to bypass U.S. regulation and undermine the dominance of the U.S. dollar, while weak digital asset regulatory rules also provide loopholes for North Korean hacking organizations such as the Lazarus Group to evade U.S. financial controls. He stated that the CLARITY Act will expand the Treasury Department's special measures authority under Section 311 of the USA PATRIOT Act and is a powerful weapon to combat malicious actors.
According to BeInCrypto, the official verified X account of U.S. Senator Cynthia Lummis was hacked on July 29. The account briefly posted a fake Solana Meme coin promotion post named $USA Token, featuring a pump.fun minting link. The post was deleted within approximately five minutes, accumulating around 5,600 views and 37 replies during that period. Crypto community users quickly issued warnings, and there are currently no records of financial losses. Lummis's office had not released any statement as of press time. The timing of this incident is sensitive, coinciding with the stalemate of the "Digital Asset Market Transparency Act" (CLARITY Act) championed by Lummis in Congress.
A man in Florida, USA, was arrested for allegedly stealing approximately $1.9 million worth of Bitcoin using the mnemonic phrase of his former employer’s hardware wallet. According to police, the unauthorized transfer of the stolen funds occurred in 2020, when the suspect still had access to critical security information.
According to Bloomberg, private credit firm Eagle Point Credit Management LLC is providing a loan of approximately $1.3 billion for a large AI data center in Texas, USA, associated with Anthropic, marking another mega-deal in the boom of AI infrastructure financing.
Odaily News According to sources familiar with the matter, Nvidia will provide approximately $100 billion in credit financing support for a hyperscale AI data center campus leased by OpenAI. The data center project, located in Ohio, USA, is one of the largest planned AI infrastructure projects globally. The financing support from Nvidia will help OpenAI complete the first phase of the project, which is expected to last about two years and cover roughly half of the entire project's construction scale.Sources indicate that this financial support may not only be used for data center construction financing but could also partially go toward purchasing Nvidia AI chips. (The Information)
Odaily News – Bitcoin miner MARA Holdings disclosed in its latest quarterly SEC filing that it has pledged 18,750 BTC as collateral for two Bitcoin-backed loans, totaling $750 million in principal.Among these, financing provided by Coinbase Credit includes a refinancing of the original $150 million credit facility plus an additional $300 million in new funds; Two Prime Lending separately provided a $300 million loan. Both loans have been fully drawn, with a combined financing cost of approximately 7.56%, primarily maturing in August 2028.The pledged 18,750 BTC were valued at approximately $1.2 billion at the time of the transaction. If a decline in Bitcoin's price pushes the collateral ratio below the agreed level, MARA could face margin call requirements; otherwise, the related BTC may be subject to liquidation risk.The new funds will mainly be used for general corporate purposes and to support MARA's acquisition of Long Ridge Energy & Power. The transaction has an enterprise value of approximately $1.5 billion. Long Ridge owns a natural gas power plant in Ohio, USA, with an expected installed capacity of 505 MW, along with over 1,600 acres of industrial land. MARA plans to further develop the site into a base for Bitcoin mining, AI, and high-performance computing infrastructure. (Crowdfund Insider)
Binance will open 10 bStocks trading pairs, including Astera Labs (ALABB), ASML (ASMLB), AST SpaceMobile (ASTSB), BitMine Immersion Technologies (BMNRB), Coherent (COHRB), Credo Technology (CRDOB), IREN (IRENB), Netflix (NFLXB), Super Micro Computer (SMCIB), and USA Rare Earth (USARB), on August 5, 2026, at 20:00, simultaneously supporting spot algorithmic trading bots and Binance Convert zero-fee trading.
Odaily News: SK Hynix and SanDisk have unveiled the first standard specification for High Bandwidth Flash (HBF), a next-generation storage technology based on NAND flash. SK Hynix presented the specification at FMS 2026, held from August 4 to 6 in Santa Clara, California, USA.HBF stacks NAND flash vertically in a manner similar to High Bandwidth Memory (HBM) to enhance capacity and data transfer speeds. The specification defines two stacked configurations—8-layer and 16-layer NAND dies—with a maximum capacity of 512GB and bandwidth offered in three tiers, supporting 0.4TB to 3.0TB per second.HBF connects to processors using the industry-standard UCIe interface, enabling compatibility with different processor types such as GPUs and CPUs. The specification has been released through the Open Compute Project (OCP), and the HBF Consortium currently includes Google and AI semiconductor company Tenstorrent.SK Hynix will also showcase its in-development 10th-generation (V10) 375-layer 4D NAND wafers and products for the first time at this event, with plans to begin mass production of high-performance, high-capacity enterprise SSDs (eSSD) utilizing this technology early next year.
According to IT Home, Snap announced it will hold a dedicated event in Los Angeles, USA on September 16 to fully showcase its consumer-grade AR glasses Specs for the first time. CEO Evan Spiegel will personally introduce the device's functions and application scenarios. Specs opened for pre-order in June this year at a price of $2,195 (approximately 14,858 RMB), featuring dual Qualcomm Snapdragon processors, self-developed LCoS display technology, a 51-degree field of view, and AI real-time contextual assistance. It can operate independently without an external computing unit, with a mixed usage battery life of about 4 hours, extendable to 20 hours with the charging case.
Odaily News: At the SALT conference held in Jackson Hole, Wyoming, USA, Binance founder CZ stated that Bitcoin's "supercycle" has yet to materialize. The market continues to follow a relatively strict four-year cycle pattern and is currently in a bear market phase. As total market capitalization expands, price volatility is expected to narrow. However, CZ noted that the current industry environment is the most favorable in his 12 years of experience, with the U.S. regulatory framework serving as a model globally. Securities laws and exchange regulatory structures in many countries are referencing the U.S. approach. Hong Kong is also accelerating its legislative efforts to align with U.S. regulatory thinking.Regarding the allocation of investment firm YZi Labs, CZ disclosed that approximately 70% of funds are directed toward core tracks in crypto and blockchain, about 20% toward AI, and the remainder toward biotech and other sectors. The firm uses its own capital and is not constrained by external LP return cycles, placing greater emphasis on the positive impact of projects and the execution capabilities of founding teams rather than purely financial returns.
According to Bloomberg, private credit firm Eagle Point Credit Management LLC is providing a loan of approximately $1.3 billion for a large AI data center in Texas, USA, associated with Anthropic, marking another mega-deal in the boom of AI infrastructure financing.
Citrini analyst Jukan stated on X platform that in the future, "Made in USA" semiconductor products may gain market premiums due to supply chain stability advantages. Korean memory chip companies need to respond to this trend by building wafer fabs in the US. Currently, US-made optical module products have already begun to reflect premiums. For example, optical communications company AAOI has stated that optical modules produced in the US can command higher prices. Meanwhile, US hyperscalers are also willing to pay additional premiums for US-made Micron DRAM.Jukan believes that the price advantage of US-made chips does not come solely from the products themselves, but reflects the value of supply chain stability and supply assurance. Against the backdrop of ongoing adjustments in the global semiconductor supply chain, companies and customers are increasingly valuing localized production capacity to reduce geopolitical and supply disruption risks.Regarding Korean memory manufacturers, Korean companies need to actively advance the construction of US-based production capacity, a trend that has already begun to emerge. For example, SK Group Chairman Chey Tae-won has previously discussed plans to build a memory chip front-end wafer fab in the US on multiple occasions.As AI infrastructure construction drives growth in memory demand, and regionalization trends in the global supply chain continue, US-made semiconductors may form a new pricing system. Chip companies with US-based production capacity will gain additional advantages in future market competition.
Odaily News According to sources familiar with the matter, Nvidia will provide approximately $100 billion in credit financing support for a hyperscale AI data center campus leased by OpenAI. The data center project, located in Ohio, USA, is one of the largest planned AI infrastructure projects globally. The financing support from Nvidia will help OpenAI complete the first phase of the project, which is expected to last about two years and cover roughly half of the entire project's construction scale.Sources indicate that this financial support may not only be used for data center construction financing but could also partially go toward purchasing Nvidia AI chips. (The Information)
Odaily News – Bitcoin miner MARA Holdings disclosed in its latest quarterly SEC filing that it has pledged 18,750 BTC as collateral for two Bitcoin-backed loans, totaling $750 million in principal.Among these, financing provided by Coinbase Credit includes a refinancing of the original $150 million credit facility plus an additional $300 million in new funds; Two Prime Lending separately provided a $300 million loan. Both loans have been fully drawn, with a combined financing cost of approximately 7.56%, primarily maturing in August 2028.The pledged 18,750 BTC were valued at approximately $1.2 billion at the time of the transaction. If a decline in Bitcoin's price pushes the collateral ratio below the agreed level, MARA could face margin call requirements; otherwise, the related BTC may be subject to liquidation risk.The new funds will mainly be used for general corporate purposes and to support MARA's acquisition of Long Ridge Energy & Power. The transaction has an enterprise value of approximately $1.5 billion. Long Ridge owns a natural gas power plant in Ohio, USA, with an expected installed capacity of 505 MW, along with over 1,600 acres of industrial land. MARA plans to further develop the site into a base for Bitcoin mining, AI, and high-performance computing infrastructure. (Crowdfund Insider)
According to The Straits Times, Taiwan Foxconn (Hon Hai Precision Industry) announced its Q2 financial report on August 12, with net profit increasing 35% year-on-year to NT$59.97 billion (approximately SGD 2.38 billion), exceeding analysts' expectations of NT$58.8 billion. Specifically, revenue from cloud and networking products (including AI servers) accounted for 51%, breaking through 50% for the first time, while smart consumer electronics (including iPhone) accounted for 29%. Rotating CEO Shang-Yi Chiang stated that AI-related business will continue to grow in Q3, and coupled with the peak season effect of ICT products, significant quarter-on-quarter growth is expected. Nvidia's new generation Vera Rubin AI server racks will enter preparation for mass production in Q3 and start shipping from Q4, expected to become Foxconn's core product next year. In addition, Foxconn expects capital expenditure in 2026 to increase 30% year-on-year, and will continue to expand AI server and electric vehicle manufacturing capacity in India, Mexico, and Texas, USA. The company's stock price has risen 17% year-to-date, closing up 2.7% for the day.